Current Use by Public Records
- New South Site Inc / General Contractor / Construction Company
Property Details for 4106 Us-41
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a stabilized, single-tenant industrial warehouse located at 4106 US-41 N, Palmetto, FL 34221. The property boasts 3,693 square feet of warehouse/manufacturing space situated on a 22,655 square foot lot, zoned HC HEAVY C. Currently operating at 100% occupancy with a strong NNN lease in place offering three 5-year options, the property generates a substantial net operating income (NOI) of $56,700, resulting in an attractive 6.14% cap rate. The asking price is $995,000, translating to $269.43 per square foot. The building features a 19-foot ceiling height and is ideally located near the intersection of US-19 and US-41, providing convenient access to I-275. This property offers a secure investment with significant potential for long-term growth in the rapidly developing Manatee County market. The adjacent 1.76-acre parcel is also available for purchase, offering additional expansion or outdoor storage opportunities. The tenant is responsible for all property taxes, insurance, and common area maintenance, minimizing ownership risk. This is a mission-critical facility for the current tenant. Please do not disturb the tenant.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmetto
- County
- Manatee
- State
- Florida
- Longitude
- -82.5613
- Latitude
- 27.5507
